CFA Institute Reports Results for CFA Program Level I Testing in August
CFA Institute, the global association of investment professionals, announces that of 19,103 candidates worldwide who sat for the Level I CFA® Program exam in August, 37% percent have passed. All candidates will be notified of their results today.
Chris Wiese, CFA, Managing Director, Credentialing at CFA Institute, comments:
“Well done to everyone receiving news today of their exam success. This first step in their CFA journey shows a determination to bring the highest standards of ethics and foundational learning to their professional lives. My warm congratulations.
“We’re pleased to see the pandemic’s impact on cancellations wane. Only six cities experienced pandemic-related cancellations during the August testing window. However, we did see a high number of candidates exercise their option to defer their reservation for a variety of reasons, which we anticipate will continue to impact the pass rate in relation to historical norms. We continue to encourage all candidates to maintain the course and vigorously prepare for the testing window they initially choose.”
Candidates for the August Level I CFA Program exams attended in person at one of 545 proctored computer-based examination venues located in 359 cities in 101 markets worldwide. Exam Levels I, II, and III were held during the August testing period. Level II results will be released to candidates on 11 October. Level III results will be released on 1 November. Historical pass rates can be found at the following link: Exam Results and Pass Rates.
For further information, please contact [email protected].
About the CFA Program
Enrolling in the CFA Program and earning the CFA charter prepares individuals for a variety of career paths in every sector of the global finance industry. Candidates can access all the essential study tools through the Learning Ecosystem including mock exams and the newly introduced Practical Skills Modules. Candidates preparing to sit for an exam after a deferral may find CFA exam study tips helpful. For more about the CFA Program, visit: CFA Program.
About CFA Institute
As the global association of investment professionals, CFA Institute sets the standard for professional excellence and credentials. We champion ethical behavior in investment markets and serve as the leading source of learning and research for the investment industry. We believe in fostering an environment where investors’ interests come first, markets function at their best, and economies grow. With more than 200,000 charterholders worldwide across 160 markets, CFA Institute has 10 offices and 160 local societies. Find us at www.cfainstitute.org or follow us on LinkedIn and X at @CFAInstitute.
Notes to Editors
Enrolling in the CFA Program and earning the CFA charter prepares individuals for a variety of career paths in the investment industry. The CFA designation is valued by employers in every sector of the global finance industry including portfolio management, investment analysis, wealth management and consulting. For more about the kind of roles available for CFA charterholders, please visit: Charterholder Careers. Registration in the CFA Program provides access to extensive online learning materials including a Learning Ecosystem, an adaptive online learning tool that provides candidates with all necessary study materials, study planning tools and mock examinations, designed to focus candidates on their needs, strengths and weaknesses in preparation for their exams. For detailed information about the CFA Program history, its curriculum content, and how examinations are graded, visit Where Theory Meets Practice. For information and advice for candidates studying for a CFA exam after a deferral, visit CFA Exam Study Tips.